BPI Asset Advisory to facilitate the sale of Oddie’s Bakery assets following closure

BPI Asset Advisory is managing the sale of assets from Oddie’s Bakery, a long-established family-run business based in Lancashire.

Established in 1905, the bakery has proudly served its community for 120 years, expanding to 13 locations while maintaining a strong reputation for quality and tradition. 

Despite its longstanding success, the bakery faced increasing operational challenges including the impact of the Covid pandemic, rising energy costs, inflation and a decline in high street footfall.

After initially seeking a full business sale, Oddie’s Bakery sought alternative options when the deal fell through.

To ensure maximum value for their assets, the bakery enlisted the help of asset disposal specialists from BPI Asset Advisory, leading to this online auction.

The auction will feature the entire contents of Oddie’s Bakery, providing a unique opportunity for bakeries, food manufacturers and catering businesses to acquire high-quality bakery equipment and commercial vehicles at competitive prices.

The sale showcases a comprehensive range of well-maintained equipment, including industrial baking machinery, commercial ovens and delivery vehicles.

Andy Cromack, director at BPI Asset Advisory, said: “The closure of Oddie’s bakery is undoubtedly a significant loss for Lancashire, given its deep roots in the community. However, we are committed to ensuring the asset disposal process is handled professionally, helping the business recover value from its equipment while giving other businesses the chance to invest in high-quality assets.

“This auction presents a fantastic opportunity for bakeries and food producers to secure well-maintained machinery and vehicles at excellent value, whether for business expansion or upgrading existing operations.”

BPI Asset Advisory is a leading specialist in asset valuation, management and disposal services across multiple industries. BPI is a trusted name in online asset disposal, providing expert guidance and strategic solutions to help businesses maximise value from their assets. With a strong track record in asset management, BPI is bringing its extensive experience to support Oddie’s Bakery through its closure.

Interested parties are encouraged to participate in this sale to secure valuable equipment from a historic bakery business.

The auction is set to close on Wednesday 5th March 2025 from 11am with all collections from Nelson, BB9. Viewings will be held on Tuesday 4th March, and all enquiries should be sent to [email protected]

For more information about the auction, please visit: https://www.bpiauctions.com/auctions/#/auctions/3e357479-1dcb-4d0c-9a4c-3dd7cd65f601

It comes after Lancashire Business View reported the bakery firm was looking for a rescue deal in November.